Stress for Banks, as Tests Loom

By

Victoria McGrane And

Dan Fitzpatrick

Oct. 8, 2012 6:42 p.m. ET

U.S. banks and the Federal Reserve are battling over a new round of "stress tests" even before the annual exams get going later this fall.

The clash centers on the math regulators are using to produce the results. Bankers want more detail on how the calculations are made, and the Fed thus far has resisted disclosing more than it has already.